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to china beginning a string of meetings that would eventually open that isolated eastern nation to the western world. that opening checked soviet expansionism and in a sense was the beginning of the end of the cold war. >> this was the week that changed the world. >> it was also the beginning of china's entry into the world economy, which has resulted in that country becoming the world's second largest economy. >> red china's battle plan. >> but back then the idea of a rapprochement with china would have been rejected as pure fantasy. china was a communist regime that had been fighting america and its allies across the globe. how did the decision come about in the midst of such intense opposition? what were the internal maneuverings that paved the way, the secret dealings that made it actually happen? who better to ask than the man himself, dr. henry kissinger. this is what the world looked like when you enter into the white house with richard nixon. the united states has had no relations with china. we have been implacably opposed to this regime. we fought against them, america
't an accord in congress. >> we will always have china. manufacturing pmi data from last night is the best in 21 months. can we finally say the chinese economy has been stabilized. >> but of course, we start in washington. as you know, congress comes back today. the house gaveling into session now with legislative business starting at 10:00 a.m. the senate returns at 11:00 a.m. eastern. there are only a few hours left to get a deal done. eamon? >> you're already hearing people talk the way they talk on new year's day. a lot of people wish they could go back in time and do things differently. that's the way people are talking in washington about this fiscal cliff. feeling as if this thing suddenly got off the rails. take a listen to mitch mcconnell last night talking about the pace of the negotiations here and the frustration that he's experienced going through all of this over the weekend. take a listen. >> now, i'm concerned about the lack of urgency here. like we all know we're running out of time. this is far too much at stake for political gamesmanship. we need to protect the american
on the debt that china owes, owns of our debt is enough to pay for their entire military for the whole year. we are basically funding with that the debt china military. thank you. i appreciate you coming on. well, forget the fiscal cliff. washington might be sending cows off a cliff. want to know what i did in the last five hours? i played a round of golf. then i read a book while teaching myself how to play guitar; ran ten miles while knitting myself a sweater; jumped out of a plane. finally, i became a ping pong master while recording my debut album. how u ask? with 5-hour energy. i get hours of energy now -- no crash later. wait to see the next five hours. time for citi price rewind. because your daughter really wants that pk castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. start saving at c
go. the amount of interest that we pay on the debt that china owes, owns of our debt is enough to pay for their entire military for the whole year. we are basically funding with that the debt china military. thank you. i appreciate you coming on. well, forget the fiscal cliff. washington might be sending cows off a cliff. ♪ this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just gotblacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any flight, any time! that's double miles you can actually use! how illuminating. what's in your wallet? let me guessam on the naughty list again? ho ho ho! pizza hut's $10 any pizza on deal is back.ist again? any pizza, toppings, sis. ...ten bucks. the meat lover's pizza. ...ten bucks. delivery, dine in or carry. ...out of this world pizza. pizza hut's $10 any pizza deal is back. now, that's how you make it great. ♪ tom: washington still fighting over the deb
on the dt that china owes, owns of our debt is enough to pay for their entire military for the whole year. we are basically funding wh that the debt china military. thank you. i appreciate you coming on. well, forget the fiscal cliff. washington might be sending cows off a cliff. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to hp significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers fosudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask your doctor if including advair could help improve your lung function. get your first full prescripti
. >> in shanghai in china they sang an alternative version of auld lang syne. >> and in hong kong a more familiar one. ♪ auld lang syne ♪. >> a sum >> holman: a somber mood prevailed across india on new year's eve, as the country mourned the victim of a gang rape. celebrations were scaled back after the 23-year-old woman died on saturday at a hospital in singapore. the attack on her has triggered mass protests in india. today, amid candlelight vigils, there were more calls for tougher rape laws. . >> we have all decide tad that we will not sell brat new years because this year we have lost a sister from amongst us. and whenever we lose someone of our own, or that person passes away we mourn for them. this time we are spending new year's in mourning >> holman: six men have been arrested and charged with murder in the attack. former president george h-w bush is showing signs of improvement. over the weekend the 88-year-old was moved out of intensive care at a houston hospital, where he'd been fighting off a fever. the 41st president was admitted on november 23 with what began as a bronchitis-re
the first ever fireworks display in this secretive country. >> in shanghai in china they sang an alternative version of auld lang syne. >> and in hong kong a more familiar one. ♪ auld lang syne ♪ ♪. >> a sum >> holman: a somber mood prevailed across india on new year's eve, as the country mourned the victim of a gang rape. celebrations were scaled back after the 23-year-old woman died on saturday at a hospital in singapore. the attack on her has triggered mass protests in india. today, amid candlelight vigils, there were more calls for tougher rape laws. . >> we have all decide tad that we will not sell brat new years because this year we have lost a sister from amongst us. and whenever we lose someone of our own or that person passes away we mourn for them. this time we are spending new year's in mourning >> holman: six men have been arrested and charged with murder in the attack. former president george h-w bush is showing signs of improvement. over the weekend the 88-year-old was moved out of intensive care at a houston hospital, where he'd been fighting off a fever. the 41st presid
some money to fix it. >> number five, china. is china slowing or is china leading the world? we do know that china will be the biggest economy in the world by 2020, for sure by 2030. >> china. >> china. >> china. >> china. >> china. >> china also getting more than a few mentions during the presidential campaign, probably because it's pretty clear that china is both a competitor and a partner. >> number four, europe. the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. number three, the housing market. finally, finally bottomed out. the combination of low home prices and continued record low mortgage rates set off a building and buying spree. well-healed investors began buying entire neighborhoods, but first-time buyers were also able to get a home of their own for the first time in years. as long as they had a hefty down payment. >> number two. cnn projects that barack obama will be re-elected president of the united states. >> the election. more than just about obama and romney, it was about socialism and capitalism, about spe
deficit to china being $29.8 billion per month. that is just one country. you start to add up all the trade deficit that we have with all of these different trading partners over the years, i am sure that it is close to about $1 trillion per year. >> thank you for the comments. let's go to sarasota next. caller: good afternoon. the way that i look at it, as a 74-year-old professional pharmacist with a minor in economics, the reason i am independent is because republicans and democrats cannot seem to get it together. the biggest problem that we have now is the reason why we cannot do what we are supposed to do for the entire country. one middleman adnan grover norquist. someone who was never even elected. here is a man that has caused all the problems. all of the republicans have signed this pledge, which to me is unconstitutional. without him, we would not be talking today. >> salem, oregon, republican line. you are on the air. caller: good morning. as a college student, and i have listened to every single caller, this is an embarrassing day for our country. i am a first-time job
.s. infrastructure and whether we should spend money to fix it. >> number five, china. for sure by 2030. >> china. >> china getting more than a few mentions during the presidential campaign probably because it's clear they are both a competitor and a partner. >> number four, europe. the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. number three, the housing market. finally bottomed out. the combination of low home prices and continued record low mortgage rates set off a building and buying spree. they bought entire neighborhoods, but first time buyers got a home of their own as long as they had a hefty down payment. >> number two. >> cnn projects that barack obama will be reelected president of the united states. >> the election. more than just about obama and romney, it was about socialism and capitalism and spending and cutting and what kind of role government should have in your life. >> number one is the fiscal cliff. lawmakers saw it coming and didn't bother to pay any attention to it until after the election. had they put politi
china and europe and japan are having major problems of their own. that could affect the way they do business with us. joining us is to talk about, ed, good to see you. biggest problem some of these governments to stimulate their economies, die let's just print a bunch of money. that has catastrophic events with them and even with the united states that may tried traded with them. >> that seems to be just to print money. that is not how it works. when somebody prints money, it's devalues their currency which makes anything they want to export or anything that they are importing more expensive. that is why your food is more expensive because we imported a lot of that. that is why energy is more expensive because we import a lot of that. if every country is doing that, its race to the bottom how quickly they can devalue their currency. >> we trade with so many different nations. we trade with europe and certainly with china. look at our trade imbalance and you can figure that out. europe has only a handful of countries that are doing decently? >> there is about six. they are in the nor
pods losing market share. iphones just not doing that well in china. there it is. back in the green. let's take a look at the major market averages. the dow jones industrial average is up. the nasdaq is also in the green, as well as, the s&p 500. daaen: thank you. connell: dan had injured reporting that he will be leaving his post next month. >> the opportunity presented itself. this was the moment to either take this job or not. i think he felt with the senate transitioning into a new year this was the moment to make the move. he took it. connell: it would have been a six year term. this is early. >> it is a reflection of the frustration. i think it probably would have won the election, maybe this would not have happened. now, with what we have seen, with the fiscal cliff, it is virtually impossible. i think that senator demint can do more running the heritage foundation the way she would like to rather than sitting in the senate. dagen: does this also speak to him resigning from the senate, the power of the tea party, perhaps? >> i do not know it is the waning power of the tea party. i
. >>> china government is cracking down on the internet with a new law requiring users to register their names. until recently, web posters could post anonymous comments online. it comes after the leaders were upset by a flood by online complaints about the official abuses. >>> russia proposed talks with the main syrian opposition coalition even though it had previously bashed western countries for recognizing the group. that as syrian rebels step up the seize on military base and elsewhere. leland vittert has the latest. >> momentum in syria on the rebel's side they gladly rejected off by slaw to meet and discuss a peace plan saying they will discuss putting down the weapons when bashar assad leaves power. are you are russia long supported assad with weapons and host to russia only foreign naval base in the syrian city of tarqtus. with assad's army playing defense, the russian peace plan appears to be an attempt to hedge their bet on assad making the inroads with the rebels. that will be hard. as rebel video uploaded to youtube show unexploded russian made bombs littering the syrian cities. t
safer way when they manufacture in china and all over the place. >> no. there have been stories about the working conditions in china which is another reason i am glad these jobs are coming here. ruth ruth, you make a good point. i feel good about apple but we also have to change the tax laws so that to reward companies like apple that do bring their manufacturing here and to punish those who keep exploiting the jobs. >> this is "the bill press show." about global warming. they just want to shut it down and go home. ed is calling from frederick maryland. museum >> bill: good morning. exciting issue. from financial regulation, iran that trade-offs are tough. things everyday exploding around the world that leave no shortage for exciting conversations. i want our viewer to understand why things have happened. at the end of the show, you know what has happened, why its happened and more importantly, what's going to happen tomorrow. [ music ] >> this is the "full-court press," "the bill press show," live on your radio and on current tv. >> bill: now 33 minutes a
to help china, and china is the biggest abortion country in the world. when you throw all this into a big mixture, you cannot blame the gun. host: thank you for the call and comment. a bitter fight had on gun control, according to the washington post. we are following some of the options on what is next. speaker boehner is confronting a political cliff over the budget track is, putting out that the speaker's leadership and legacy remained at stake. they point out that in a show of support, house leader eric cantor. at a news conference with the speaker in a call to extend the tax rates. some have urged congressman tom price of georgia to challenge john deere for the job. much more on what is next for the fiscal cliff. one week before we reach that point. the deadline is december 31, january 1. the president is in hawaii. the house and senate are also in set -- in session this week. elliot engel, weighing in on a number of topics, including rumors that former republican senator chuck a bill could be nominated as defense secretary. you heard from the president on friday as he nominated sena
pickpocket. >>> number four, big trouble in communist china. everybody thought one of the most powerful politicians in china party chief boojili was getting rid of crime and corruption till this summer when a court convicted his wife of murdering a british business man and the government accused him of trying to hinder the investigation as well as taking bribes and abusing his power. now he's been kicked out of the communist party. leaders voted to expel him in november number three, a service becomes not so secret. the role of protecting the president when he trabs abroad has moments of glamour and excitement. that included hookers for some is secret service agents and military personnel visiting cartagena in advance of the president's arrival last april. it won't have bothered colombian authorities since prostitution sgs legal there. local police only got involved because of a hotel altercation between a woman and a secret service agent over the payment. number two, it's been called the building that never sleeps but the bbc's london headquarters says it was completely unaware of the
. as far as china is concerned, we don't tariff, we don't put that high of a tariff on their imports but yet i don't know the exact numbers but i believe it's a lot higher that they tax our imports in their country. and the whole thing with jobs. he created the apple scommuret in california in his garage but yet when he got successful he moves all his company over to china, giving chinese people jobs. if steve jobs was born in china he wouldn't even have a garage therefore he wouldn't be able to create the apple computer. so i just think we just don't do enough for the people of this country. and the people who are in position to create jobs and do this do not reinvest in the country. therefore i don't think they should get tax breaks. if you want to give these corporate giants tax breaks then give it to those who want to invest in the country, who want to create jobs here, not overcease, and they think try to think of ways to get their money over there into here lower than say the american businessman paying 35%. guest: i mean, i understand your frustration. i think part of it is th
not create any jobs. as far as china is concerned we do not hit that high of a tariff on their imports. i believe it is a lot higher. the whole thing was steve jobs. he treated the apple computer in his garage. when he got successful theme of his company over to china giving chinese people jobs. if steve jobs was born in china he would not even be able to create the apple computer. we just do not do enough for the people of this country. the people who are position to create jobs do not reinvest in the country. i do not think they should get tax breaks. if you want to give these corporate giant tax breaks given to those who want to invest in the country and create jobs. for a lower than the american businessmen. guest: i understand your frustration. part of it is the corporate tax .ode clearly needs to fix it a lot talk about fixing a and a revenue neutral way. it does not help lowering future deficits any easier. there are some things need to change. in general we need to realize that if we set our country on the bike path making the right investments in -- the right path making investme
go in this world. who would have guessed that china would have been a better place. guess what, so do we. or at least, a lot of people suspect we do be do do we get a deal? >> yes, we get a deal. it looks bad for everybody. 2013 will not be a good year for the president or republicans. stuart: this is varney and company. keep things short. don't we, dagen. dagen: if you are the one who dropped dead, it is your heirs who are in trouble. [ laughter ] stuart, happy new year. i am dagen mcdowell. bring in joe biden, the vice president called in to help with the negotiations. maybe we see some movement in the coming hour. a surprise in your check at the end of the week. the mess in washington leaves employers wondering how much they should with hold from your paycheck. the world, stuart was just showing you pictures of shanghai, the world already starting the celebration. the dawn of 2013. happy new year, everybody. there is a live look at shanghai, china. top of the hour. time now for stocks. >> good morning. searching for direction. not a big surprise for new year's eve. we have seen the
and china open and australia only half a day. so you will get a muted response, but don't for get that we have really got one more day of this, right. there is not going to be a deal tonight, because it is not dramatic enough, and they have to let it go another day, and the markets might get a little bit of a breather, but trust me, as tomorrow goes, and as trading get starts and the day wears on and appears that we are getting nothing, you will start to see the pressure on the market as we move into the end of the day. like i said on the prior show, if we get a band-aid, that is worse than getting actually letting us go over the cliff. >> why? >> because i think that if we go over the cliff, then there is clarity and everybody knows what happens, taxes here and spending there, and the only thing that can happen after that is that it can improve because the legislators will talk about cutting the taxes and raising the spending and standing up to say, what a great job we did and pat themselves on the back. if we get a band-aid, all we have done is to cause more confusion and kicked the can
, housing market, china, japan. i would buy some things. >> guys, got to cut you off. larry, you'll get more time next time, promise. see you later, jim. >>> we're all over the fiscal fiasco. tune in to cnbc this sunday night. yep, we're working the weekend at cnbc, 8:00 p.m. eastern time for a cnbc special report "america's economy held hostage" because remember house of represent representatives called back into session sunday night. don't be too depressed. we did get good news today and it was important. a major strike that could have crippled the economy was at least delayed. we'll have those details coming up. she knows you like no one else. and you wouldn't have it any other way. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medication
you love -- stronger, bigger, or hotter -- with the keurig vue. >> coming up my china on 'dine and dish' and we will have the best coverage of the new year's eve live... ♪ because we know how much you do to make the holidays just right. from ornaments to ottomans, memories are made with ikea. >> jacqueline: the top story tonight is the rain fall. through san rafael, some light rain but it has been fairly dry. that does not allow the rain to really hit the ground with light to sprinkles over san francisco. and the north bay coast. but most of this rainfall will remain offshore. the core of this storm will be along the southern california but it will largely be off store. the futurecast showing that it will be pushing through by 8:00 perhaps that time that it could be a little bit later a more moderate rainfall through the north bay, oakland, hayward and the san mateo coast. midnight, it will taper off. however on saturday dry and monday should be drawing. eight wonders a chance of showers and a mainly to the north. try all the way till tuesday. >> and oaklandon three people we
would be short yen and long japanese stocks. >> people watching not just january but china. ir ir ir iron oar a lot. >> let's get more insight from steve from web bush securities. how much of a nail biter is this for you in terms of fiscal cliff and the markets? >> i think pretty clear at this point that if there's a deal coming, it's gonna be coming very, very soon. i think the markets discounted the fact we are going to get some sort of deal t has held up fairly well here and i think if we don't get a deal, we will see a selloff. i don't know how considerable, but certainly see the 2, 3% decline in the market. >> does it amaze you, steve, that the markets, in your view, still consider a given that we are going to reach a deal? here we are thursday, december 27th. they still haven't issued a 48-hur notice for congress to return to capitol hill and yet you're saying the markets have baked in some sort of deal? >> yeah, i think so. i don't in he isly think the deal happened december 31st. if we pass waite without a deal earthquake the market will think something is going to happen in
the treaty including china and russia. the treaty is modelled after existing u.s. law. former senator bob dole is 89 years old. he just got out of the hospital yesterday. and today he came to the senate floor in a wheelchair to support the treaty. eight republicans and two independents voted for the treaty including john mccain. but it wasn't enough. the treaty failed 61-38. >> it was solid then. he means it. and i think the organizing around it is so important. the labor movement, consumer groups, women's groups. >> i'm joined by a columnist for the nation magazine and howard fineman, msnbc political analyst. great to have you with us. howard, you first. when bob dole comes to the senate and he can't move people, where is the common sense? >> the senate is lost. that's the way i would put it. bob dole, one of the most revered figures. he's almost literally on his death bed a week or two ago. who summoned the courage to come to the senate to be the conscious on something he championed in 1990. this was senator bob dole, a republican. president george h. bush, republican. dick thorneberg,
working conditions in china but here's the rub. it may be a hoax. questions? anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. >>> the u.s. government is investigating a claim that may be nothing more than a hoax but even if these specific allegations are disapproved, they speak to a larger concern about working conditions in china. the return appearance from lisa sylvester. you've been asking questions about this story. >> yeah. and the first thing we should say, is it a hoax or is this a cry for help. it's a letter reportedly from a chinese labor camp tucked in the most unlikely place and now this letter is getting lots of attention online. julie says she found the letter in a box of halloween decorations. the halloween graveyard kit sat in her storage room for about a year until she dusted it off in october and all she could say was wow. >> it was definitely hidden. the
in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. comfort individualized. save 50% on the final closeout of our silver limited edition bed plus special financing through new years day. >> clayton: can yeah west lets the cat out of the bag. can we make noise for my baby mom a. >> clayton: his girlfriend kim kardashian is pregnan. sources say she
and the other with bush xliii and we passed nafta on the bipartisan basis and trade relations with china on a bipartisan basis, and i'm sorry, i can't accept this business about how the economy is so terrible and we have to act bipartisan. we have to be where the two parties can talk to each other and where the house leadership say it's my way or the highway and if we get 215 votes on my side, that's just wrong. >> go ahead, david. >> i've dealt with the speaker and that's a fundamental enter prettiation. so when the bills pass, there is a lot of support. at one point the speaker and the were are a whole lot of money to us, but in the grand scheme of things it wasn't. what happened? >> they were all ready to have this dole and the president decided to up the amount of revenue he wanted by 400 million. the speaker was clear about what he could do and not do and at the last minute the president decided to change it. that is not my interpretation. >> what happened is the speaker has left 40 or 50 republicans, tea party, radical right-wing republicans have a veto power over everything, even
after your seed corn while china is doubling on education. china is doubling down on r&d. china is doubling down on energy research. we can't do that for economic reasons. >> right. >> i like winning. >> budget is about policy, and it creates your priorities. >> the other thing is, there is a big issue -- big economic issue beyond jobs and beyond the deficits. and that is how do we create an economy in which the middle class is growing, in which people work hard and can get ahead? and all the things that you mentioned are important to that task. so we can't give up on that. >> two other points also. if by going after discretionary -- that's just another form of kicking the can down the road. you know, if you're not going to invest in education or the future, that is no different than not attacking -- >> can i also tell you also, it is -- it's also being a doctor. i always talk about being a doctor that opens up a patient, sees cassi s cancer, closes you you're fine. that's also a doctor who decides they're going to decide to take off a wart. erskine bowles said every dime washin
's right, they built it in china. >> let's never revisit that. you didn't build that. >> i'll tell you one thing, viral videos helped spread the word about it. number four, our old friend herman cain, a lot of our friends were afraid after his pokemon speech, we'd never hear from him again. this video game involving chickens. >> your average american taxpayer, big government. >> ahh! >> any questions? >> i've got a lot of questions. that is so weird. >> i totally get that video. see, the guy represents the american people, the chicken represents big government, and herman cain represents nobody ever, because he'll never get elected to anything, ever. >> you talk to herman, he still swears, he would have been the republican nominee. and i'm sitting there going, herman, seriously, you need a mental checkup. >> there's something in there that explains why we like herman cain. >> but sad reality, he was the republican front-runner. >> everybody was the republican front-runner! will was? >> never have chicken wings at a godfather's pizza. >> the next viral video is a subject near and dear to ro
their signs up, you didn't build that. i'm like, you're right, they built it in china. >> all the fact checking organizations say it was totally taken out of context and very misleading, but i really wish we had those three minutes for will to rehash the whole "you didn't build that" -- >> please, never revisit that, you didn't build that. >> well, the viral videos helped spread the word about it. now, number four, our old friend herman cain, a lot of us were afraid after his pokemon concession speech, we'd never hear from him again, but he does have a life after the presidential campaign. this video involving chickens. >> is the average american taxpayer feeding big government? >> ahh! >> any questions? >> i've got a lot of questions. that is so weird. >> i totally get that video. see, the guy represents the american people, the chicken represents big government, and herman cain represents nobody ever, because he'll never get elected to anything, ever. >> you talk to herman, he still swears, he would have been the republican nominee. and i'm sitting there going, herman, seriously, you
to feel the effects of the global, of the downturn in europe. china, cutting its growth forecasts, india doing the same. the last thing anyone on the world stage needs right now is for the u.s. to start sliding back into recession. but you know, let's be clear here. that's, that would take some time. there would still be time for some kind of a deal. but it's the uncertainty that is really driving everybody's nerves in all of this. it's going to affect commodity prices in countries like brazil. countries like russia, everybody is in this together. waiting to see what happens up there. >> you're absolutely right. we're going to be watching those international markets to see how everybody is reacting. it's this whole big chain, jim, thank you for that back home, the senate is still trying to work towards a deal as jessica just told us, senator harry reid earlier said that he is in fact hopeful about reaching a deal. listen. >> with 36 hours left until the country goes over the cliff, i remain hopeful but realistic about the prospects of reaching a bipartisan agreement. at some point in the
china is doing not as well, brazil isn't, india, europe's at a standstill. we can't afford this. it's that intangible that's more serious than how much you pay in taxes in 2013. >> before you go, how do you think the markets refact there's a stopgap measure? are they going to fear that more than if there was a permanent deal? >> markets hate uncertainty. that's the one thing. if we've got a stopgap measure, do we have a sense of when it will be resolved? some say go over the cliff, let's see what that looks like. i'd bo worried about that. we had a drop-off in the market on friday and that's about investors being uncertain about monday morning. i'll keep my eyes close to the markets on sunday night when asian markets open and monday when we have a shortened trading day. if washington doesn't get its act together, the investors may send a strong message to washington to do something. >> ali velshi, thank you. >>> you can learn more about the fiscal cliff and other issues that are affecting your money at 1:00. ali velshi will be back with a live edition of "your money." that's on cnn.
to america. right now china is the leading country. russia is certainly in the top 5 with over 700,000 orphans in that country. there's certainly plenty of children who need a loving family here in the united states. >> suarez: how about that side of the story. unicef estimate there is's only about 18,000 russian families looking to adopt children. that's a disproportionate number considering the need for new homes. >> it is. last year alone here in america there were a thousand children adopted from russia. there are many american families, many of whom right now are in the process of adopting these children that are willing, ready, and able to adopt these kids, some of which have severe special needs. so it speaks to the heart of these american families that are willing to adopt these kids and bring them home. the. >> suarez: but there have been unfortunate stories that have gotten a lot of attention here in the united states and back in russia >> does that make things more difficult for your organization and others that are watching international adoptions? >> sure, well, i thin
crisis, things like our fiscal cliff crisis, a slowdown in china. this is how stocks are moving right now. it's no longer how many cannes of coke did we sell last quarter. it's really tied to this so it matters more than before. they're panicking and starteding to see it. look no further than the consumer confidence number dropping, the retail sales. ge has blamed some poorer results this past quarter on lack of investment. you know, honeywell is seeing the pain. they're not filling empty positions. it's already -- it has been starting to affect companies for probably, you know, at least the past quarter already. >> okay. thank you, joy, and thank you leigh. remember, president obama is going to make a statement on the fiscal cliff talks at 5:45 eastern time and msnbc will provide live coverage. until then, chris matthews is up next with the best "sideshow" moments of the year and the nra's best excuses for standing in the way of any and all reasonable restrictions on guns. this is "hardball," the place for politics. to the best vacation spot on earth. (all) the gulf! it doesn't matter wh
, connecticut. >>> in china, 16 people recovering after an aquarium in shanghai mall, there it is right there, it burst open last week. investigators say a combination of low temperatures and weak materials caused it. the 33-ton tank housed sharks, hurtles and some fish, as well. some of those animals died. >>> toyota paying more than $1 billion in a record settlement of defects. it's the end of a four-year battle between the automaker and hundreds of car owners who allege that recalls over acceleration problems caused the value of the cars to depreciate. >>> breaking news for you right now from the house a few minutes ago, house gop aides say that house leader cantor told the republican conference that the entire house would be coming back sunday night at 6:30. again, eric cantor telling folks that the house will be called back sunday evening, 6:30. meanwhile, speaker boehner reportedly told members, quote, his words here, we have done our job. it is now up to the senate to act. we'll see if they do anything. we'll be right back with our gut check. or you can get out there and actually like
, india, china, russia, are helping them subvert sanctions they will stand by them an protect them even though they're widely exposed. adam: let's do a little bit of mathematics here. it is adding up what we've seen in the past few days. just yesterday the iranian regime said they were willing to let in nuclear inspectors if israel and their threat to attack was diffused and if western sanctions were to be eased. s what does that plus now the war exercises add up to? is the regime, on a precipice? are they falling and in turmoil or trouble? >> economically they certainly are. there is a lot of russelling going on the streets that the economy is not stable. they tried to do their own stimulus package a month ago and really didn't get much of a response. so the reel itself is failing. what they're doing to try to buy themselves political time while not giving away any posturing and letting their people know they're in fully control of their state, the region and they will not be pushed around. remember the other factor is the gulf cooperation council which has been unifying arab state gul
in china is now being replaced. >>> plus the lost political capital on capitol hill in the wake of the fiscal cliff negotiations. that's coming up in our straight talk. share everything. share brotherly love. share one up's. mom ? mom ? the share everything plan. lets your family share a pool of data across 10 devices with unlimited talk and text. now get a lucid by lg, free. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask your doctor if inclu
kim three seems to can consolidate his power. we are waiting to see if this affects china and their soup harris: you mentioned the evidence that south korea has found that the north will be able to fire at us, at our mainland, possibly come in the next two years. is there anything the south is doing at this point? people are feeling imminent danger. >> the south issued that warning about the capability about the missile tests. there is concern about the region, but it is very difficult to stop anything like that. we have some kind of missile patriots in different types of missiles to try to stop that. but it is very difficult if you have a three stage rocket to be able to bring that down very easily. but we did see before that last test that south korea and japanese and american forces were put on alert. perhaps bring you down and casey came came into their territory. back to you. harris: david pifer reporting live today from bangkok. jon: the fiscal cliff is a sport is a way. looking beyond the deadline, short-term battle will have a long-term political impact. let's talk
the program. we're in the church. do you know what happened? when we fall, china rise. open your eyes. let god come in to our life. we cannot live by the gun, money, and power. thank you very much. host: thank you for the call. and exclusive about every clan that she'll be back to work next week. she will return after three weeks of recovery after a stomach virus. she can move forward with their plan to testify in open hearings on the attacks in benghazi, testimony she was not ine to give earlier december. she will be back at the state department. she has been recuperating. next call from trenton, new jersey. our next call. caller: i voted republican but i have at one of independent the points. it seems we have a logjam in washington over this voting on the fiscal cliff. the log jam seems to be on the democrat side. they should try to place the blame on republicans. harry reid can talk about mr. boehner. he sat over there for three years and has not passed a bill on his side of the aisle. i feel there is an imbalance in the thinking of the people of this country. if we do not get her mind stra
, egypt, seara iran, russia, china. it will be a big year for senator kerry. >> if confirmed. a lot of people think 2016. we hear about jeb bush. what about this year? >> the bush family brand was clearly damaged between 2001 and 2009. the outpouring of love for george h.w. bush in the last week shows us that that clan still has clout and a lot of impact in the u.s. whatever jeb bush does in 2016, now is the time for him to have -- he has already begun doing this, stab himself as an ideological cornerstone for his party. he can draw his party back to the reasonable center. >> do you suspect he will make the move? >> that will be hard for him especially with the wide open primary. >> let's move on to business in 2013. marisa mayer coming to yahoo! from google. >> the fact she's a woman, so very young, announced her pregnancy on the day she was announced as the new head of yahoo!. none of that matters to yahoo!. is she going to acquire apps, acquire a tech company? the fact that they released a new flicker that can compete with instagrahm and did it the day before instagram had their
from iran, north korea, china, et cetera. and a defense department has more than 3 million people scattered across this world. it's someone that really understands defense. someone that's spent their entire life working the bureaucracy that knows the industrial base that knows soldiers. you know, i have nothing against senator hagel. he is a fine man. i have met him before. i think he is well-intended. but what we need are people like michelle floornoid. ash hammer. we need people who know the systems inside-out. the president needs the best advice in a time of war and time of crisis. we are forcing says questions station. tenuous time for armed forces given all these threats. >> dave: after what john boehner said on friday it looks like sequestration could actually happen. the question is why does the president want chuck hagel. when you look at his background. maybe not a defense expert. the "the washington post" came out and said there are those who come -- democrats that would be to the right of chuck hagel in terms of his policies regarding wars and defense. so why is he the
at a shopping mall in shanghai, china, when a giant shark aquarium suddenly burst. the 33-ton tank sending water, fish and shards shards of glass everywhere. 3 people were hurt. fortunately the starks didn't get very far. harris: let's look ahead to 2013 and perhaps the most important issue on american finds will continue to be the economy. there are new signs today, that 2013 should be a good year for us. dominick tavella, financial advisor and president of certified financial consultants is here in studio with us. dominic, you say there are three bright spots really the headline in this? >> once we get past the fiscal cliff we know it will take some dollars out of the economy, whether it is higher taxes or entitlement cuts. it will create a little bit of a shock to the economy but there are bright spots we should look for in 2013. harris: there are three you said. what are they? >> housing, energy and huge amount, trillions of dollars sitting on the sidelines by corporate america, waiting to come into the economy once this picture clears up. harris: we're getting housing numbers coming this we
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